Thursday, April 12, 2012

Market Daily -- 12th Apr 12

9. Keppel Corp: Unit Signs Letter of Intent With Sete Brasil

8. Bank Indonesia Governor: Still Waiting For DBS Business Plan
BI Governor: Will Discuss Possible Steps Only After Receiving DBS's Plan 

7. Cosco Corp: Unit Secures US$75 Mln Rig Contract From SeaDrill

6.  M&L REIT Seeks To Price Singapore IPO At S$0.80-S$0.87/Unit - Sources
M&L Singapore IPO Base Offer Size Between S$426M-S$463M - Sources
M&L Likely To File IPO Prospectus This Week - Sources
M&L IPO Roadshows Likely To Start Friday - Sources
M&L Seeks To List On Singapore Exchange In Early May - Sources

5. Yangzijiang Shipbuilding Target Cut To S$0.74 Vs S$0.85 - Nomura

4. Bumitama Agri Opens At S$1.005 On Singapore Debut Vs S$0.745 IPO Price

3. OCBC Target Price Raised To S$8.00 From S$7.50 By Kim Eng

2. Lian Beng Group Fair Value Cut To S$0.47 From S$0.51 By OCBC

1. The Dow Jones industrial average was up 89.54 points, or 0.70 percent, to end at 12,805.47. The Standard & Poor's 500 Index was up 10.13 points, or 0.75 percent, to finish at 1,368.72. The Nasdaq Composite Index was up 25.24 points, or 0.84 percent, to close at 3,016.46